What’s Next for Pi Network?

Frank bevah
Frank bevah

Frank bevah

Market Analyst
Frankbevah is a senior crypto market analyst and stock Journalist with four years of industry experience. He focuses on in-depth market analysis, emerging trends, and real-time developments across cryptocurrency and equity markets.
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What's Next for Pi Network?
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Highlights

  • PI Network Upgrades did not help to restore long-term purchasing.
  • The token unlocks keep on rising supply and bearish price pressure.
  • PI coin is aiming at $0.10 with critical support levels.

Pi Network price hovered near $0.08295 after gaining 1% in 24 hours. However, PI remains 30% lower over the past month as weak demand and token unlocks pressure prices. The wider crypto market increased 1.24% to $2.18 trillion, which was aided by regulatory advancement and institutional action. 

Bitcoin price hovered over $63,000, and Ethereum and XRP traded around $1,850 and $1.07, respectively. Despite the market recovery, PI attracted limited buying interest ahead of a network deadline.

PI is almost 97% below its February 2025 peak of $2.98. The token is also 17% above its July 14 low of $0.07072. Its technical framework displays relaxing bearish actions, yet consumers have failed to employ a recovery. The $0.07 mark is a key support, and the first significant resistance is at $0.10.

Pi Network Begins Protocol 26 Rollout Ahead of August 11 Deadline

The Pi Core Team has started deploying Stellar Protocol version 26 across the Pi Network Mainnet. To remain connected to the network, node operators have until August 11 to update. Operators who miss the deadline could lose their Mainnet connection until their software is updated.

The rollout will be the initial of two Mainnet upgrades that are scheduled by the development team. The announcement, however, had a relatively small impact on the price and could not give a new impetus to retail speculations. The low reaction indicates that traders are still concentrated on supply condition instead of technical development.

In 2026, Pi Network has launched ecosystem products. These include Pi2Day SoloHost, Pi Sign-in, PiVerify, Protocol v26.1, and the SLICE Launchpad distribution. However, such releases have failed to reverse the overall decline of the token.

Accelerating PI Token Unlocks Add Further Selling Pressure

August will issue approximately 127.96 million PI, which is approximately worth in the current price of 10.56 million. Larger monthly unlocks are scheduled through November, increasing the amount of available tokens. The unlock value may increase to 12.30 million in November as compared to 6.33 million in June.

What's Next for Pi Network?
PI Monthly Token Unlock Data/Source: piscan

Approximately 1.705 billion PI tokens can be circulated within the next 12 months. The market price of that supply is about $140.7 million. Further releases may restrain recovery efforts unless there is an increase in demand to take up more circulation.

Is Pi Network Price Headed for $0.10 or Another Sharp Decline?

At the time of writing, the Pi coin price was around $0.0823, falling by 0.7% in the last four hours. The token continues to be strained following the inability to sustain recent gains.

The MACD line has crossed below the signal line, while the histogram remains in negative territory.  The Relative Strength Index (RSI) is at approximately 41, less than the neutral 50 level. 

If Pi network long-term prediction holds above the $0.0720 support, buyers could attempt another move toward $0.09. Any breakout beyond that could clear the way to $0.10, and then the big resistance of $0.11.

What's Next for Pi Network?
Source: TradingView

However, losing the $0.0720 support would strengthen the bearish outlook. In that scenario, Pi might fall to $0.0680, and a bigger fall might occur at about $0.06 in case of increased selling pressure.

Investment disclaimer: The content reflects the author's personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Frequently Asked Questions (FAQs)

1. Why is the Pi Network price under pressure?

PI remains under pressure because of weak buying demand and large monthly token unlocks, which continue increasing the circulating supply.

2. What is Stellar Protocol 26 on Pi Network?

Stellar Protocol 26 is the latest Mainnet upgrade being rolled out by the Pi Core Team to improve network performance and prepare for future ecosystem developments.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Frankbevah is a senior crypto market analyst and stock Journalist with four years of industry experience. He focuses on in-depth market analysis, emerging trends, and real-time developments across cryptocurrency and equity markets.